About

Grupo Elektra is a leading Mexican financial and commercial services company that is also the nation’s largest chain of domestic appliance and furniture stores. It has operations in Latin America and is the largest non-bank provider of cash advance services in the US. General counsel Gabriel Alfonso Roqueñí Rello currently leads the company’s legal team. The team gained significant internal and industry recognition for their work on Grupo Elektra’s successful acquisition of Advance America, a leading US non-bank short-term loan provider, for approximately $780m in 2012. Two years later, they played a key role when the company purchased Blockbuster de México, in a deal which added over 300 strategically-located points of sale to Grupo Elektra’s distribution network. That same year, the team also handled legal matters relating to the issuance of bonds that allows Grupo Elektra to collect up to approximately $531m from the sale of long-term bonds authorised by the Comisión Nacional Bancaria y de Valores, the agency responsible for regulating the securities market in Mexico.